Meme-based altcoin Shiba Inu (SHIB-USD) slips 4% as its volume ranking on crypto exchange Coinbase (NASDAQ:COIN) declines to third place, CoinDesk reports, citing Coinbase Institutional's weekly email. In the preceding two weeks, Shiba Inu (SHIB-USD) accounted for 16.6% of total activity on Coinbase (COIN) in the seven days to Nov. 11 and 25% in the week to Nov. 5, according to the newsletter. Since then, total turnover for the twelfth largest digital token contributes 6.72% of the total turnover, sliding to third place behind Bitcoin (BTC-USD) and Ethereum, (ETH-USD). "In terms of the volume breakdown, BTC and ETC have reclaimed the top spots while SHIB is still in third place for now as the retail meme coin mania cools off," CoinDesk reports, citing the email. As a result of "speculative fervor cooling, market attention may shift back to bitcoin and other major cryptocurrencies," CoinDesk notes. Shiba Inu's (SHIB-USD) market cap of $24.03B